Thursday, May 11, 2017

The Reserve Bank of India (RBI) was asked to provide a copy of the minutes of the meetings held in its office during which the decision to demonetise Rs 500 and Rs 1,000 notes was taken. It was also asked to share a copy of the correspondence made with the Prime Minister's Office (PMO) and the finance ministry on demonetisation issue.

…"Disclosure of such information would detriment economic interest of the country from the viewpoint of the objectives sought to be achieved by such decision," the RBI said in reply to the RTI application filed by a PTI correspondent.

It is also likely to impede future economic or fiscal policies of Government of India, the central bank said. The disclosure of information, therefore, qualifies for exemption under section 8 (1) (a) of the Right to Information (RTI) Act…

There are plenty of us who hold the opinion that there are NO MINUTES, because this shitty decision was taken arbitrarily by ‘King Narendra’.

Any ‘meetings’ that might have taken place would simply be - the PM / some idiot from that bunch - DICTATING to the RBI Governor as to what is expected of him. All the correspondences (formal / informal) involving the PMO-RBI-Finance Ministry would simply be about ‘Damage Control and/or managing the situation (read media)’.

That said… how hard is it to just WRITE UP a set of back-dated minutes showing a wide ranging discussion, conducted at an undisclosed location - to ensure confidentiality, touching on several points, including the effectiveness of demonetization of existing high denomination notes. ?!!?

Just come up with a set of minutes.

Look up at the previous calendar schedules.

Find a date and/or time that doesn’t place you (and the supposed participants) at any other verifiable event / meeting / place.

Mark said manufactured minutes as Minutes of a ‘CONFIDENTIAL / TOP SECRET MEETING’.

This counters any staff from RBI or PMO expressing no recollection of such a ‘meeting’.

PMO and/or RBI can’t bother themselves for even this? Is that too hard? Or are you cunts just too lazy to come up with a sensible cover up?

Guess it’s just easier to use some crap like the Official Secrets Act or similar caveats.